1928 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340029

Property Overview

Parcel ID1102924340029

Lot Size9,079 sq ft (0.208 ac)

Lot Dimensions (est.)165 ft wide × 55 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerA IRIZARRY & G CHRISTIANSON

Assessed Value$362,800

Land Value$149,000

Building Value$213,800

Annual Tax$5,421

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2022 · $58K total declared value · Most recent: Dec 2022 (misc)

MiscDec 2022Closed

$10K

RENEWAL BY ANDERSEN CORP

ExistresOct 2022Closed

WENZEL HEATING AND AIR CONDITIONING

ResJul 2022Closed

Majestic Plumbing Inc

MiscJul 2022Closed

$13K

MINNESOTA ROOFING CO

RemodelJun 2022Closed

$35K

MILES CONSTRUCTION INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,578/mo

Renter-occupied61.3%

Median home value$320K

Vacancy rate9.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 17

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width152 ft

Buildable depth15 ft

Area~5,253 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 5,253 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1922 4TH ST N E MINNEAPOLIS MN 55418	MICHAEL LECY	RESIDENTIAL	$284,100	55 ft
1918 4TH ST N E MINNEAPOLIS MN 55418	1918 4TH STREET LLC	RESIDENTIAL	$330,000	110 ft
2000 4TH ST N E MINNEAPOLIS MN 55418	MORGAN RAE BETKER/ADAM STERN	RESIDENTIAL-TWO UNIT	$502,200	114 ft
342 20TH AVE N E MINNEAPOLIS MN 55418	YEVGENIY G AKSELROD	RESIDENTIAL	$283,100	115 ft
2004 4TH ST N E MINNEAPOLIS MN 55418	D J ROBINSON & H W ROBINSON	RESIDENTIAL	$408,000	155 ft
1912 4TH ST N E MINNEAPOLIS MN 55418	LHF CAPITAL LLC	RESIDENTIAL-TWO UNIT	$382,300	165 ft
1931 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	GENARO & NANCI MARCATOMA	RESIDENTIAL	$385,000	182 ft
1927 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	PAUL D VAN RYSWYK	RESIDENTIAL-TWO UNIT	$336,600	184 ft
2001 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	D AMUNDSON/S AMUNDSON ET AL	RESIDENTIAL-TWO UNIT	$294,500	197 ft
2008 4TH ST N E MINNEAPOLIS MN 55418	LANA L SCHMIDT	RESIDENTIAL	$259,300	197 ft

Property History

Most Recent Sale

Date202112

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,421